Posts Tagged ‘Finance’
$50 Million in soft loans to be granted to Cambodia
Wednesday, March 11, 2009 16:00 No CommentsAbel Garamhegyi, State Secretary of Hungary’s Finance Minstry, led government delegation and businessmen to Cambodia said at the Ministry of Finance on Monday that the Hungarian government makes discussion to provide a US$ 50 million in soft loans to Cambodian government in order to help build infrastructure, and irrigation system and to promote agricultural productivity. [...]
Mobile phone banking system operated in Cambodia
Tuesday, January 27, 2009 8:41 9 CommentsThe first-ever mobile phone banking service, known WING, was launched by financial services provider Australia and New Zealand (ANZ) Banking Group, which is a start-up offering mobile phone payments services in Cambodia, aimed mainly at the unbanked, the service enables user to make various transactions. New SMS based-mobile phone payments services, WING, which is ANZ’s [...]
Maybank’s 3rd branch opens in Phnom Penh
Monday, January 26, 2009 8:08 No CommentsDespite the global economic downturn, Malayan Banking Bhd (Maybank), which was set up its first brand in Phnom Penh since 1993, opened its third brand located along Mao Tse Tuong Boulevard. According to the Bank’s statement on January 23, the new brand would support its overall operation by offering trade finance facilities such as letters [...]

